Press Release
SAN FRANCISCO and BRANFORD, Conn.--(BUSINESS WIRE)--April 12, 1999--Lexitech(r) Inc., a leading developer of Web-based software and applications, and MicroTouch Systems Inc. (NASDAQ: MTSI) the world leader in touch-input solutions, today announced at KioskCom '99 an alliance to market each other's products. The agreement is the first in Lexitech's strategic partnerships with companies whose complementary products will expand the international use and standardization of NetKey for public-access applications. As part of the agreement, Lexitech will recommend and jointly market MicroTouch's KioskTouch monitors for its public kiosks. In addition, MicroTouch and its Factura Kiosks division will recommend and market Lexitech's NetKey software to its customers. Under the non-exclusive agreement, the companies will offer a variety of marketing activities including trade shows, publicity and promotions aimed at the retail, healthcare, government, and travel industries where public-access kiosks are rapidly growing in popularity. ``Lexitech's NetKey software significantly raises the overall value to our customers by providing a powerful Web interface for their touch screen applications,'' said Janet Muto, MicroTouch vice president of worldwide marketing. ``MicroTouch and our Factura Kiosks division are focused on the rapidly growing market for information appliances, so we find these partnerships with software leaders such as Lexitech are a natural extension of our touch-enabled kiosk solutions. ``MicroTouch provides the quality hardware that our customers look for when building self-service kiosks,'' said Alexander Richardson, president and CEO of Lexitech. ``We look forward to strengthening our relationship with MicroTouch in the future as we look to expand the natural synergies our companies have.'' Lexitech's award winning product, Lexitech NetKey, provides a set of full Web kiosk customization capabilities required for enterprise sized kiosk projects. Features include a complete customizable graphic interface, attract loop, multimedia capabilities, full URL control, and system protection. An evaluation copy of NetKey is available at http://www.lexitech.com/netkey. About MicroTouch MicroTouch is the leading worldwide vendor of touch-input solutions, and the only company able to supply touchscreens for virtually every application. For public access and business systems, the company offers its highly durable ClearTek 3000 capacitive and TouchTek5 5-wire resistive touchscreens and touch-enabled monitors. For mobile professional and consumer products, MicroTouch offers TouchTek4 4-wire resistive touchscreens. For specialty applications, the company offers TouchTekDM digital matrix touchscreens. Founded in 1982, MicroTouch reported sales of $144.4 million in 1998. Factura Kiosks, a MicroTouch division in Rochester, N.Y., is the leading U.S. supplier of kiosk enclosures, specializing in creative design, engineering and manufacturing. MicroTouch operates TouchStore.com, an Internet-based electronic commerce site devoted exclusively to the sale of touchscreen monitors and related products. The company's Web site is www.microtouch.com About Lexitech Lexitech, based in Branford, CT and San Francisco, is a worldwide leader in Internet solutions and self-service web terminal systems applications. Lexitech's vision is ``To Turn the Monitor Around'' and provide clients with the tools necessary to create closer relationships with their customers, employees and partners. A report by Frost & Sullivan predicts the installed base of self-service terminals will accelerate in the next few years from 65,000 units in 1997 to approaching 500,000 units in 2003 in the U.S. alone. With over a decade of experience, Lexitech has won more than a dozen awards in the industry, including: Internet World's Top 100 Internet Sites; five New Media Magazine awards and the prestigious Top 100 New Media Producer award from Multimedia Producer Magazine. Lexitech Web kiosk software platform, NetKey, is designed for customized, secure public access to your Web applications. The software provides the complete graphical, multimedia, and security capabilities necessary for the development of full-featured Web kiosk applications. NetKey is in use by over 500 companies worldwide including Fidelity Investments, Microsoft Corporation, Kennedy Center, Army Navy Store, Bayer Pharmaceuticals, Allied Signal, Cablevision, Warner Lambert, and the U.S. Department of Veterans' Affairs. More information on Lexitech can be found on the company's website at http://www.lexitech.com. Lexitech and NetKey are registered trademarks of Lexitech. All other brand or product names are trademarks and registered trademarks of their respective holders.
Thanks Kinetic!
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